Persistence Market Research’s exclusive report on the global DC-DC converters market offers key insights on how the adoption of DC-DC converters will incur traction in the foreseeable future. The report has addressed several factors influencing the expansion of the global DC-DC converters market for the assessment period, 2017-2025. During this period, the global DC-DC converters market is forecasted to expand steadily at a CAGR of 5%. By the end of 2025, DC-DC converters worth over US$ 5 billion are expected to be sold across the globe. Increasing integration of power conversion modules in electronics devices, growing non-uniformity in DC power distribution, and advancements in electricity grids are observed to drive the growth of the global DC-DC converters market during the forecast period.
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Continuous Tracking of DC-DC Converters: Key Challenge for Manufacturers
The study has profiled leading manufacturers of DC-DC converters, which include
- General Electric
- Texas Instruments Inc.
- Ericsson
- Delta Electronics Inc.
- Murata Manufacturing Co. Ltd.
- Vicor Corporation
- Bel Fuse Inc.
- ON Semiconductor
- Cosel Co. Ltd
- FUJITSU
- Infineon technologies AG
- Mornsun Guangzhou Science & Technology Co. Ltd
- ST Microelectronics
- PICO Electronics and Artesyn Embedded Technologies
. These companies are anticipated to be active in expansion of the global DC-DC converter market throughout the forecast period. However, catering to the end-use requirements, DC-DC converters available in the market are being compelled to undergo transformation. The need for continuous DC-DC conversion tracking has gained traction in the past few years.
With expanding electricity grids and increasing incidence of power loss, end-users of DC-DC converters are demanding the enabling of continuous tracking. In 2017 and beyond, several manufacturers of DC-DC converters are expected to extend the abilities of their products by including continuous tracking. With continuous tracking, DC-DC converters can be effectively monitored and incidences of power overload, power outage or power loss can be avoided.
In the view of evolving applications, manufacturers are opting for high-performance designs in development of DC-DC converters. For enabling these converters the ability to continuously track external voltage references with current source, sink capability and close tolerances is becoming a concerning challenge. Manufacturers must allow the use of external reference source for facilitating continuous tracking of DC-DC converters. However, the load-current changes will continue to create errors in tracking abilities and the static tracking performance of tracking regulators will change adversely.
IT & Telecom to Represent Largest End-user for DC-DC Converters
According to the report findings, the global DC-DC converter market is anticipated to register largest end-use applications in the IT and telecommunications sector. During the forecast period, revenues procured from global sales of DC-DC converters in IT & telecom industry are expected to surge at a CAGR of 5.7%. The report also projects that the demand for DC-DC converters will gain traction in the healthcare and automotive industry. In 2016, more than US$ 760 million worth of DC-DC converters were sold across automotive applications in the world. Between 2017 and 2025, the application of DC-DC converters in consumer electronics manufacturing is expected to register 1.5X times growth in revenues.
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Besides the end-use applications, the report has analyzed the global DC-DC converter market on the basis of output power, output number, input voltage, form and products. The study has also developed a regional analysis on the expansion of the global DC-DC converter market. By 2025, the Asia-Pacific region is likely to dominate the global DC-DC converter market, pertaining to the growing telecommunication businesses in the region. During the forecast period, the Asia-Pacific DC-DC converter market is likely to register a value CAGR of 5.8%, reflecting fastest revenue growth compared to other regions.